Fractal Bitcoin announces token economics: The total supply of FB tokens is 210 million, with 80% allocated to the community.
Sep 8, 2024 21:40:11
the Bitcoin scaling solution Fractal Bitcoin announced on platform X that the mainnet will launch in approximately 11 hours. The total supply of FB tokens is 210 million, with the specific allocation as follows:
- Proof of Work (PoW) mining 50%
- Ecosystem treasury 15%
- Community grants 10%
- Pre-sale 5%
- Advisors 5%
- Core contributors 15%
The allocation cap for the ecosystem treasury and community grants is 10% of the total allocation per year, distributed over 10 years. The allocation cap for advisors is 20% of the total allocation per year, distributed over 5 years. This approach aims to provide long-term support and sustainability for the Fractal ecosystem.